The BSE SME IPO index fell nearly 5 per cent a day after the Securities & Exchange Board of India said it had observed signs of manipulation at both the trading and issuance levels in the small and midsize enterprise (SME) space
Investors have begun selling NBFC stocks after RBI cracked down at least two of them, both for weak diligence among other misdemeanours on loans for IPO applications and loans against gold
This was not a regular weekend for the stock markets in India with special trading sessions on Saturday on the National Stock Exchange and the Bombay Stock Exchange to test disaster preparedness and business continuity.
BOB Research says Q3 has been propped up mainly by the net tax effect as value added has grown at 6.5% this quarter while GDP is at 8.4% due to exceptional tax collections and control over subsidies.
Some 65 companies including many leading IT companies are slated to release numbers this week. Consumer price inflation is the other number to watch, which will be released on January 12
GDP growth for the first quarter of this financial year seems to be going against the general wave of bullishness touted by the Government’s many arms and affiliates, including the RBI which had pegged the GDP growth rate for the June quarter at 8%
The Reserve Bank of India's Monetary Policy Committee (RBI MPC) kept the repo rate unchanged at 6.5 per cent for the fifth time in a row on Friday. In its bi-annual policy announcement, RBI Governor Shaktikanta Das said the decision was unanimous
According to S&P, fixed investment in India has recovered more than private consumer spending. However, the agency's projection is lower than the central bank's 6.5 per cent.
A screenshot claiming India's GDP crossed $4 trillion was taken from a YouTube feed. IMF told BOOM that they do not collate real-time data, economists say that the Union government's National Statistical Office is the only official source of data